1. What is the purpose of the
Capitol
City Christian Church Foundation?
The Foundation was established to provide future financial stability for carrying out God's work
at the church. It provides a way for church members and others to give large and small gifts that will have a long-lasting
impact in our community.
2. What type of organization is the Capitol
City Christian Church Foundation?
The Foundation is a charitable,
religious, non-profit, tax exempt organization under section 501(c)(3) of the Internal Revenue Code. Contributions to the
Foundation are tax deductible.
3. Who is on the Foundation Board?
The Foundation's Board of Directors
is made up of church members. All Board members have been approved by the church eldership.
4. What does the Foundation
do with donations?
Typically, a portion of donations given to the Foundation will be invested for growth opportunities
and then a portion of holdings will be distributed annually. Distributions could fund a variety of church projects, start
new visionary programs, or assist with various ministry needs that are outside the operating budget.
5. Is a gift
to the Foundation part of my normal tithes and offerings?
No. Any gift to the Foundation should be above and beyond
normal giving. Foundation funds will be used to protect the long-term financial viability of the church. Foundation funds
will not replace tithes that cover regular operating expenses.
6. Can the Foundation be named as the beneficiary
of a life insurance policy?
Yes. Naming the Foundation as a beneficiary of a life insurance policy could produce
desirable estate and income tax advantages for some people.
7. Is there a minimum amount required for a cash donation?
No.
Gifts of any size are welcome.
8. What type of non-cash donations are accepted by the Foundation?
The
Foundation will consider any type of asset donation including, but not limited to: stocks, bonds, real estate, vehicles, and
homes.
9. Can I direct my gift to be used for a specific purpose?
The Foundation Board will gladly consider
any requests or directions from the donor consistent with the Foundation's Articles of Incorporation, Bylaws and IRS rules
and regulations.
10. Why should I make a donation to the Foundation?
Donations to the Foundation can
provide additional support for church programs outside your regular tithe and gifts. Donations are tax deductible. The Foundation
also can provide an avenue for estate planning (to provide for ongoing support to the church after your death).
11.
Who can I talk to about financial or estate planning, tax advantages, life insurance policy options and other issues related
to charitable giving?
If you already work with a personal financial planner, tax advisor or attorney, you should
consult with them. If you do not currently work with such an individual, the Foundation has a list of names of CCCC members
who have a professional expertise, work in those areas and would be willing to answer your questions.
12. Will my
gift be made public?
Donors have the option to remain anonymous. However, unless a donor asks to remain anonymous,
the names of generous contributors may be shared as a way of encouraging others to consider supporting the church in a similar
way.
13. Can the Foundation accept memorial gifts?
Yes. The Foundation can accept memorial gifts. It
is also possible to make gifts in honor of a living person.
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Our Board of Directors:
Darrell Snyder (President) Dave
Blythe (Vice-President) Bob Walter (Treasurer) Karin Walton (Secretary) Layne Rolofson (Capitol City Liaison)
Professional Service Resources:
Doug Porter, CPA Primerica
Financial Services 2840 S. 123rd Ct., Ste. 308 Omaha, NE
68144 Office phone: 402.894.0331 Cell phone: 402.890.0393
Mark Brown Attorney at Law 2935 Pine Lake Road, Suite D Lincoln, NE 68516 Office
phone: 402.421.1199
Philip Rihanek
Edward Jones Investments 6127
Havelock Ave Lincoln, NE 68507 Office phone: 402.466.7676 Toll
Free: 888.335.7676 Office fax: 888.881.2693
Karin Walton Attorney at Law 1023
Lincoln Mall, Suite 202 Lincoln, NE 68508 Office
phone: 402.476.3322 Office fax: 402.476.3129
Jenna Vitosh
Edward Jones Investments
4207 S 33 Street
Lincoln, Ne 68506
Office phone: 402.488.4541
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